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Home » US Law » 2020 Arkansas Code » Title 24 - Retirement And Pensions » Chapter 1 - General Provisions » Subchapter 2 - Public Employees' Social Security

§ 24-1-201. Declaration of policy

In order to extend to employees of the State of Arkansas and its political subdivisions and the employees’ dependents and survivors the basic protection accorded to others by the federal old age, survivors’ and disability insurance, and health insurance coverage embodied in the Social Security Act, 42 U.S.C. § 301 et seq., it is declared […]

§ 24-1-202. Definitions

As used in this subchapter: (1) “Commissioner of Social Security” means any individual to whom the Commissioner of Social Security has delegated any of his or her functions under the Social Security Act, 42 U.S.C. § 301 et seq., with respect to coverage under that act of employees of the state and its political subdivisions; […]

§ 24-1-203. Rules

The Arkansas Public Employees’ Retirement System shall make and publish rules not inconsistent with the provisions of this subchapter it finds necessary or appropriate to the efficient administration of the functions with which it is charged under this subchapter.

§ 24-1-204. Agreements with federal government and other states

(a) The Arkansas Public Employees’ Retirement System is authorized to enter, on behalf of the state, into a Section 218 agreement consistent with the terms and provisions of this subchapter, with the Commissioner of Social Security for the purpose of extending the benefits of the federal old age, survivors’ and disability insurance, and health insurance […]

§ 24-1-205. Plans for employees of political subdivisions

Each political subdivision of the state is authorized to submit for approval by the Arkansas Public Employees’ Retirement System a plan for extending the benefits of Title II of the Social Security Act, 42 U.S.C. § 301 et seq., in conformity with the applicable provisions of that act, to employees of the political subdivisions. Each […]

§ 24-1-206. Agents

(a) For the purpose of entering into agreements with the Arkansas Public Employees’ Retirement System, the following named officers are authorized and empowered to make the agreement on behalf of their agency or political subdivision: (1) (A) (i) The board of control of each state institution or agency having a board or the administrative head […]

§ 24-1-207. Contributions — State employees

(a) Every employee of the state whose service is covered by a Section 218 agreement entered into under § 24-1-204 shall be required to pay contributions, for the period of the coverage, with respect to wages as defined in § 24-1-202, equal to the amount of tax levied under the Social Security Act, 42 U.S.C. […]

§ 24-1-208. Contributions — Employees of political subdivisions

(a) (1) Each political subdivision as to which a plan has been approved under § 24-1-205, with respect to wages as defined in § 24-1-202 and at such time or times as the Arkansas Public Employees’ Retirement System may by rule prescribe, shall pay contributions in the amounts and at the rates specified in the […]

§ 24-1-213. Studies and reports

(a) The Arkansas Public Employees’ Retirement System shall make studies concerning the problem of old age, survivors’ and disability insurance, and health insurance protection for employees of the state and its political subdivisions and studies concerning the operation of agreements made and plans approved under this subchapter. (b) The system shall submit a report at […]